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, democrat from california. senator, it is great to have you with me this morning. >> thank you. >> just for everybody that's watching, i want to break down what the proposal is from the president that was offered yesterday. $1.6 trillion in tax cuts. $400 billion in cuts to medicare and other entitlement programs. $50 billion additional in stimulus spending. no real structural reform to entitlement programs. no spending cuts. instead, stimulus spending. obviously, the president knew that this would be an unacceptable first offer. so what is the end game here? where is the president's bottom line? >> listen, this is a negotiation. it isn't about the president's bottom line or my bottom line or yours. it's a negotiation. and the sad part is, that the administration, the president, has laid down an offer. there's several things in there we know the republicans like, and yet they refuse to lay down an offer. all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you
it is the first pure electric car from general motors since the ev one. it goes on sale in california and oregon only, middle of next year. gm expects the press point to be somewhere around 25,000. the all-important question, what is the range going to be, how far will it go fully charged? gm is not saying at this point, only it will be competitive with other electric cars. speaking of other electric cars this market is struggling now look at auto sales through september of this year. 73%, almost 8 million vehicles in the u.s., are gasoline powered. still a predominant source of power train in this country. hybrids, 279%, 300,000. as for pure electric, just 8,289 pure electric cars sold in the u.s. right now. take a look at shares of general motors in the last year. if you were a gm investor in the last year, up 24%. a lot of people talk about gm ought to learn what they are doing at tesla, tesla leading the way with electric cars. gm versus tesla, no comparison, gm up 24%, tesla up just 1.4%. as i said at the beginning of this report, you will see more electric vehicles coming from general moto
and more of this. california tried it in 2010. was not successful. it will resurface in california. a lot more states will follow. >> they can get tax revenue from it. it's big money. >> big, big money. colorado and jeffrey marin is estimating colorado and washington will each bring in about $50 to $60 million in tax revenue and that's not only that. enforcement savings. $47 million you don't have to run down people. $74 million in colorado. $99 million being saved in washington. then as i was saying earlier there's all this potential tourism. denver, colorado. you have more -- >> the new amsterdam. >> in fact there's an area in denver that i did a lot of reporting from called ramsterdam. there's more dispensaries than starbucks. states are going to look at this much as many have looked at gambling and said hey maybe we can make some money. >> more pot than starbucks pap lot of what we hear about pot it's small business, individual farms. is it possible we could end up with big pot? >> you could. i mean, you think about the infrastructure that's already in the place with a lot of big agr
that's where we're going. >> you're from california, correct? >> i live there, yes. >> doesn't make you a bad person. >> i'm from buffalo too. >> it explains why he's stylish, right? well, i live in california. we voted to raise income taxes and sales taxes. california is, what, one-seventh of the u.s. economy. >> jerry browne's miracle. >> i'm going to get a bill as well as every other californian asking for money. >> what is your point? >> that will have a negative impact on the california economy and on the u.s. economy. so ron is right. there are parts of the u.s. economy are certainly improving, but there are other parts that have not yet felt a vice that's squeezing on them. >> all right. we got to go. the bell is going to ring shortly, i feel like. we got to go. thank you, everybody. appreciate it. we are heading toward the close and, really, the market is where it was before all the rhetoric came out on the cliff. the dow up 32 points right how it. >> we've heard some democrats made maye be willing to dive off that fiscal cliff. our next guest certainly is not following suit. fi
marriages between a man and woman. it's also considering a challenge to prop 8, that's california's ban on same-sex marriage which voters approved in 2008. >>> listen up. we now know the identity of one of the two power ball jackpot winners. mark hill is the owner of $294 million. he bought his ticket in missouri. he confirmed on facebook saying quote, we are truly blessed, we are lucky winners of the power ball. his son talked about the moment his dad broke the good news. >> i keep thinking i'm going to wake up and think man, i had the craziest dream. he got a phone call this morning. he was toyic sounding. he was like it was us. i'm happy for him. he worked hard in his life. he won't have to anymore. >> very happy for him? for us, dude. you are his son. this surveillance video may show a winner. people at this maryland gas station say a man walked in to check his ticket and started freaking out. they say he told them he bought the ticket in arizona. >>> cops in columbus, ohio believe they won 1 million bucks. they bought their ticket at this gas station. once the ticket is validated,
: to this. >> ow! >> reporter: june 4 of this year, pulled over off a busy california freeway. she says she lost her way and pulled over to figure out how to get home. the police officers say jones was trying to hide something. they conducted a sobriety test and allowed to return to her kaur. she begins to question why she's being held. >> you're getting it all wrong. i'm trying to get home. >> you're not acting as someone who hasn't done anything wrong. >> reporter: when officers try to control her, she bolts. and then she's tased. jones going into cardiac arrest. her only and last response, a long and erie moment. >> reporter: jones was charged with resisting arrest and drug possession. jones says she remembers nothing of that night and has suffered brain damage. >> they detained her far too long, they scared her when she ran to the car out of fear. after 15 minutes of an unjustified stop they tased her and caused her to go into cardiac arrest. >> a law enforcement veteran says it is essential for police to give suspects clear discussion and there's one thing that he doesn't understand. >
california, austin, oregon, where sustainability is part of the real culture and the thread of the way people live. when you look at the spark and you look at what the performance of a car is, we haven't announced the final range because we're not done certifying it but it will be one of the largest range vehicles and torque is more than a ferrari. >> but the skeptic will look at this and say not that you're supposed to comment on the leaf from a competitor standpoint but you look at the leaf and others and people say is there a market for electric vehicles in the u.s.? >> i think we're doing about 3,000 volts here every month. and that's been growing here pretty steadily. i think if you look at the economy and what we've been through over the last few years and affordability of that, it's hard to know exactly what those markets really are going to be when we get equalization here from a growth standpoint in the economy. the bottom line is that we can save a lot of fuel consumption. we have a place like california and los angeles in an urban environment where spark makes a huge amount of sens
in southern california. making their debut just in time for the holiday shopping season. the idea came from the cupcake vending machine, already a hit in beverly hills. caviar can be just as sweet says the vending machine's owner. is it about making it accessible to people? >> very accessible, convenient, at every price point. >> reporter: so it is caviar out of a vending machine in a shopping mall, but some say this just doesn't belong. >> reporter: owner david lenz says his caviar is served with more flair at his restaurant, not food court fudge. >> that's the part i don't get. i can see getting it, taking it home to have some champagne with it just on your lunch break? it doesn't add up. with a soda from the food court? >> exactly. >> reporter: we found plenty of caviar critics. >> would you put $500 in a machine? >> no. >> would you buy eggs out of a vending machine? much less fish eggs. >> reporter: but the flurries are buying for their daughter this christmas. a little luxury for the layman, conveniently dispensed just in time for the holidays. nothing too fishy about it. kyung lah, c
is going to do. if he caucuses with the democrats, they'll have 55 seats in the house. in california's 36th district, republican congresswoman mary bono mack will not be returning to the hill. julia brownley wins the district 26 race. in michigan's first district, dan benishek is declared. republican. 100% reported in arizona's second district, gabby giffords' former seat, though it had had been redriked, democratic congressman ron barber is trailing by about 400 votes but no call there. in arizona's 9th district, 125 vote there. in california, lungren is trailing by less than 200 votes. in florida's 18th district, 100% of the vote is in. republican congressman allen west is trailing. seems a little bit too much to overcome. 2,500 votes. he's demanding a recount. you do wonder what happens if the florida presidential has to go in that direction. i'll explain that in a few minutes. north carolina, district 7, 100% in. the democrat incumbent there is in the lead but it is only 500 votes. there will be a runoff in louisiana's third dwikt between two republicans. >>> two races still too close t
, congressman from california. they both gave thifr interpretations. peter king said petraeus said he didn't know who are on when the cia intelligence talking points were edited, and shift said that petraeus said that the reason they were edited was to protect classified information. now, i talked to a former cia counterintelligence official today who said that both of those aassessessments can't rea live in the same word, so maybe there's some misinterpretation of what petraeus said. you can't believe on the one hand petraeus didn't know why the talking points were edited and on the other he had a perfectly good explanation for why the points were edited. make we'll get more on that. i think that we have a deeper understanding here after today about why david petraeus so badly want upped to come out and set the record straight. he didn't want on record that cia intelligence was bad and that was the reason. so that "wall street journal" report we saw yesterday talking about petraeus in his final days at the cia really wanting to come out and talk publicly. we have a greater sense of why th
banned in california. and now there are claims that it is entirely a scam. >> in another exercise, a man had to break through a human barricade that i was a part of in order to seize two oranges that were meant to symbolize his testicles. he was then frenetically instructed to squeeze the juice and drink from them and put the oranges in his pants in order to represent gaining his testicles. the symbolic absence of them supposedly being a cause of his homosexuality. in retrospect, these practices fall on a range between absurd to disturbing. >> that was one of the plaintiffs in this case. and joining me now is cnn's alan duke, who's written extensively on this. who's involved in this lawsuit? and what are the claims that are being made? >> michael ferguson, who you saw, was 19 when he underwent this reparative therapy or conversion therapy at jona, a new jersey-based organization, that offers this. and there were three others. two were 17 when they started. their parents joined or at least their moms joined this lawsuit, wanting their money back and wanting damages for the damage that the
leader nancy pelosi's home state of california. >> reporter: hi, sue. nancy pelosi is a crucial part of the discussion to avoid the fiscal cliff, representing one of the most liberal and successful cities in america. what do folks back home in san francisco expect her to do to avoid what some say will be an economic catastrophe. for nearly 20 years, kurt has been serving up breakfast at dottie's true blue diner. running a small business, especially a restaurant, is not for the weak. so he wonders why washington can't get its act together. >> if i ran my business the way the government is run, i wouldn't be in business. he's a constituent of one of the most powerful people in washington, nancy pelosi. here's a news flash. not everybody in america believes economic armageddon is at hand. not even former mayor gavin newsom, california's lieutenant governor. >> i don't know why i'm not losing sleep over it. i think there are good people on both sides of the aisle that they're mature enough to get something done. >> kurt agrees when i asked if he was preparing for the fiscal cliff. he ans
, california, republican mary bono mack, she's not giving up. she trailed democrat raul luis with all precincts reporting, but she says a large number of ballots have yet to be reported. mack's husband, connie mack, lost his bid in florida to bill nelson. in another tight race, alan west is not conceding defeat. he's demanding a partial recount in his re-election bid against democratic challenger patrick murphy. right now murphy has a very slim lead of less than 2,100 votes, but that's slightly more than what's needed to trigger an automatic recount. >>> the man behind that anti-muslim movie that caused so much rage overseas has been sentenced to a year in federal prison. mark youssif admit head used an alias without permission. he allegedly made a different name when he made the film. that violated the terms of his probation in a bank fraud case from two years ago. >>> former arizona representative gabby giffords and her husband astronaut mark kelly will be inside a tucson courtroom today when the man who shot giffords is given his sentence. mark kelly, he is expected to read a statement in co
not to hear the california proposition 8 case, it may mean that as early as next week same-sex marriage will be legal again in california. >> it's a big day to come visit us tomorrow and find out what happens. thanks for being here. >> we have to leave it there. gentlemen, thank you for being with us. carol costello takes it away. cnn "newsroom" starts now. good morning. >>> happening now in the newsroom, president obama meets up with one-time rival mitt romney for lunch at white house. could a solution to the fiscal cliff be on the menu? live report from washington straight ahead. >> plus this -- stunning video out of syria, rebels cheer after a military helicopter is shot down. what does it mean for the united states? >>> drones. we know the military uses them. well, get ready for drones possibly buzzing your house. >>> and forget steroids. adderall is the new p.e.d. and four nfl players are suspended. >>> cup of joe, only one question left. something you would buy? >> no, not at all. >> "newsroom" starts now. >> good morning to you. thank you so much for being with me. i'm carol cos
can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they threaten a wider offensive. martin fletcher is in tel aviv and has more. >> reporter: israel and the palestinians in gaza are on the major edge of a confrontation, neither side really wants but seems to be what happens. israeli rocket attacks against gaza targeting the militant leaders of hamas are continuing and continuing to attack rocket stockpiles from gaza. israel's goal is to prevent hamas from attacking israeli citizens with rockets. there have been 850 akz ta, 100 in the last week alone. that's what israel wants to stop. at the same time hamas has been retilliating today at least 130 rockets fired from gaza into israeli cities. about 50
the time they were little boys in southern california. they decided they were going to skip this season, an entire nfl season. andrea, the life of a normal nfl career is only about 3 1/2 years. they were willing to skip this whole season to make their pi pilgrimage to mecca. they are -- i've met a lot of athletes from a lot of different sports. i've never met guys willing to do what they did this season. >> i was fascinated by what they had to say about the role of women in islam. this is really -- we'll all be watching "rock center" continue. mary carillo, thank you so much. don't miss "leap of faith" tonight on "rock center" with brian williams at 10:00/9:00 central on your nbc station. >>> an online sensation. an arizona tourist's photo captured the moment. officer lawrence di primeaux said he saw the man freezing. the officer says he will keep the receipt in his vest to remind himself sometimes others, indeed, have it worse. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] an
well in places like california where people drive long distances and where a lot of people are very concerned about the environment and want to drive hybrid or electric vehicles. so even though they haven't been so strong throughout the rest of the country, companies like general motors continue to push ahead with these vehicles. here is their newest introduction, which will be on the market in 2014. only available for sale in california and in oregon initially. this is the chevy spark. it is an all electric vehicle that will get somewhere south of 100 miles on a full charge. what's really cool about this vehicle is you'll be able to charge it up to 80% capacity in just 20 minutes. that is a challenge, though, getting the rest of america outside of places like california to buy these vehicles. listen to what gm had to say about that. >> the key now is to sell these vehicles in the same kind of quantity in st. louis and des moines, in the heartland of america, if you will. when you drive an electric car, we're not going to sell this thing on the environmental aspect aspects. these ca
. >> yes. hold off. or go to california and get a prescription. >> thank you. >>> both parties predicted victory on election day. but for mitt romney something went wrong on the way to 270 electoral votes. we're going to do the math to see what happened. john king is standing by. [ woman ] it's 32 minutes to go time, and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our gr
for a minute in the battleground states. what about california? if part of you can't get 45% of the vote, much above 40% of the vote in california is not a party about the future. >> and blaming chris christie is exactly maybe what's wrong with the party. you tell me. he should step above it. but can he? >> i think there are a lot of republicans that need to fight back. and you look at this party, jon meacham, this party has lost 5 out of the last 6 elections when it comes to the popular vote. and they had a great victory two years ago, but the same thing happened in 1994. look historically, jon. 1992, bill clinton, a new democrat wins. two years later rejected by a republican revolution. two years later, re-elected. the same thing has happened again. by republicans who have won. republicans won an historic landslide. we were here two years ago. a lot of unhappy democrats. two years later, they're seen as overreaching and rejected by the american people. >> democrats have shown a greater capacity of the modern era to learn from adversity. and the '94 example is the great one. president bush, i
but actually you can't tell the total number of votes in the nation until california gets around to doing it. you know, some states count them very clean and don't seem to have any problem. >> megyn: how about virginia? is that true of virginia. >> virginia, that has been true. when george allen was defeated for senator six years ago by 6,000 or 7,000 votes, virginia went right down, you know, they went back over that, i believe there was recount or reexpectation of the vote, less than 100 votes changed. it was pretty straightforward. new hampshire is famous for doing that well, too and so forth. other states have had bigger problems. >> bret: we should point out if we put that back up. that was the national popular vote total. that will pop up throughout the night as well. you will see the actual vote total through the night. these are all the states throughout the nation and there you see it as it continues to tick up and for us, after the iowa caucuses, the difference was added, 61256 right now so i don't have to pull out the calculator. >> megyn: didn't you get yelled at by math teacher
tennessee or california before you can even start the work, and all 2400 homes have to be inspected and have to be repaired before they put the electricity on. think about that. that's a massive undertaking and this is just one community. >> yeah. exponentially, i got a place in long island, south shore, and folks in nassau and suffolk county, same problems we're seeing on staten island as well. new york state senator martin golden, i appreciate you being on. we will continue to follow up with you and fema. >>> retired congresswoman gabbi giffords in court today. ♪ [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ the potential of yelp unlocked. nyse euronext. unlocking the world's potential. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] a
there are democrats packed into democratic districts and a handful of districts in california where there wasn't even a republican nominee. overall, i don't think people voted for more gridlock, they voted for people working together. have working government, not divided government. >> how many house republicans believe what he believes versus -- >> probably at least half the caucus. >> that's going to be the challenge for the fiscal cliff. trivia time, in honor of veterans day, we ask, when congress declared armistice day a federal holiday, how many states were already officially commemorating the day? it's a trick question. it was 48. the other four states made it a holiday by gubernatorial action. we'll be right back. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with
't duplicate that with the best hollywood budget. i grew up in l.a. and moved to northern california and got a job logging and started to look around. eventually tv people came up there, and i was working behind the camera. the site was hard to find. dude, you should be in front of the camera. >> how many encounterers have had? >> encounters? dozens. like when they're around, you can hear them and smell them. i haven't smelled that much, but i've seen them a handful of times. i had one daylight sighting, i saw half lean out behind the tree for a half second and it was gone. >> if you're like me, i put myself in the skeptic category, although i want to believe and i would love to see evidence myself of bigfoot. i'm into it. but on the one hand you think, god, there's so many sightings and so many different continents and countries and states. how can all of those people be wrong or lying? on the other hand, where's the body? i want to see the body. what is your most conclusive evidence to me for why sasquatch exists? >> there's a big dna study going on right now. they mapped the genome, and t
with a few million votes to come in from california and new york. he told my colleague that he can now confidently predict that in the end romney will be below 47.5% which mean the vote total >>> good evening, americans, and welcome to "the ed show" from minneapolis. the republican leader in the house is showing either stupidity or arrogance or both. this is "the ed show." let's get to work. >> without backroom deals struck behind closed doors, hidden from the people, hell, no, you can't! >> house speaker john boehner is flipping his lid over obama care again. he has no leverage, but now he wants the affordable care act on the table in fiscal cliff negotiations. congressman elijah cummings will respond. papa john's plays politics with pizza and the people fight back. >> no, no, no, no. >> we'll tell you about the pizza maker's face-saving move. and republicans never rest. ohio senator turner on the effort to block the vote in 2016. >>> and political comedian, baratunde thurston on how to talk to this guy at thanksgiving. ♪ i want my country back, country back, country back ♪ >>
jumped in. thanks, guys. >> we want to go to california now to john fortt who has breaking news regarding ncr, which is now halted on news pending. what's going on? >> yeah, scott. not exactly sure what the news is, but i've rumor they could be announcing an acquisition just after the bell. also want to know that retalix, that's an israeli company, point of sale, technology. they recently did an acquisition of a company that served high-end retail establishments nap has also been halted. ncr's market cap just shy of $4 billion. reatlix under $1 billion. still, a significant sides. it would be for ncr. we have to wait to see exactly what this news in. but in the environment of the fiscal cliff, if, indeed, what this is, it would be interesting. >> all right, john. thanks so much. >> ncr, national cash register. right? >> you like that? >> i like that because you got to change the name. cash registers aren't what they used to be. >> that stock is halted along with the other one john was talking about. we'll let you know when the news does come out and that stock is reop reopened for busines
to the whole question of whether states must grant same sex marriage. that's the big california case, the prop 108 case and less certain the court will take that case, i think. those are the two biggies that we'll watch. we may or may not find out on friday whether they will take them. we'll find out friday or the following monday. >> there is also some late breaking news in just the past hour. immediate challenges after the president's health care law became law. what's this latest announcement about? >> this is one of the first challenges to the law actually filed before the supreme court rule. this was brought by liberty university, a christian college in virginia that claims the employer mandate, the individual mandate violate religious freedom. what the supreme court basically said is we're not going to address the merits of the case. we're not saying whether you're right or wrong. we're simply saying the off ramp that the federal appeals court put the case on was the wrong one. try again. it gives liberty university a chance to go back to the trial court and start all over again. the oba
. >>> the california filmmaker behind an anti-muslim film that sparked riots across the middle east is returning to prison. mark youssef will spend one year behind bars for violating his probation from a bank fraud case, using several fake names, including one with while shooting "the innocence of muslims," depicting the prophet mohammed as a killer and child molester. >>> one young mother in kenya has named her newborn twins barack obama and mitt romney. >> translator: i gave birth to twins and decided to name them after barack obama and mitt romney. i named the first one barack and the second one mitt just like obama and romney in the u.s. election. >> we can only hope congress can show such bipartisan love. they will soon get their chance. dan lothian at the white house. dan, i understand -- >> reporter: how can i follow that? >> i know. i just kind of feel sorry for the newborn named mitt because, of course, he lost the election. maybe that won't resonate in kenya. >> reporter: exactly. >> an honorable man. i'm not saying anything bad about mitt romney the person. what can you tell us? >> re
in this category. i pick a flight needing the wifi if i have to get to california it's an issue. >> we waited until we could get big pipe satellite based broadband. it's not your grandfather's wifi, it will be the real thing. >> stream video? >> we'll have on board streaming video. >> people on kayak looking for cheap flights from somewhere else? >> on kayak -- >> you don't have wifi? i don't know, i'm not allowed to turn on my things once i'm flying. >> yes, you are. >> above 10,000 feet. >> i know we have to go. can you explain this, why can't you use your phone on the ground? >> because there's an faa rule against it. >> does that rule make sense to you really? >> doesn't make a lot of sense to me, no. >> anything else? >> no more free peanuts. >> this poor guy walked in and had to deal with all of our complaints. >> i'll get you all the peanuts you want. >> i like paying for the -- i can finally get something i want. >> i like that, too, i don't mind that at all, it's something i want to pick up versus something else. >> is that really chicken? that's what i want to know. i saw one with three l
quite a place. >> let's talk about some other headlines. today, california is set to unveil a new attempt to limit greenhouse gases. the state is going to be holding its first sale of carbon emissions permits. experts say it's a landmark experiment that california hopes will serve as a model for other u.s. states and the federal government. a new survey finds that families are at odds over financial planning. fidelity investments finds that sharply conflicting expectations between older parents and their adult children. among the survey results. 24% of adult children expect they will have to help their parents financially at some point, yet 97% of parents don't expect to need help. that's a oble nearly all of older parents and their grown children disagreed on whether a child will take care of their parents if they become ill, and adult children underestimate the value of their parents' estate by more than $100,000 on average. i think that's an issue across the country. do you want to counter that? >> no, not really. >> how are your parents? my parents are doing great. >> mine are
from california, thank you for your time. >> thank you. >>> the big three with reaction to an unexpected twist on one issue today and a lot of reaction from you to stores opening on thanksgiving. one place is bucking the trend. we will tell you why. into their work, their name on the door, and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our friends and neighbors. and do our part for the businesses that do so much for us. on november 24th, let's get out and shop small. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one c
. one of the develop storingie ii looking at is chinese products to california to the rest of the country and there's a lot of ports being shot. >> national retail federation said that a lot of product for the holiday season is already in the stores. so maybe it won't be a huge impact and maybe that product can be routed to other ports to mexico and then trucked up. maybe it's a good thing for truckers and fedex and u.p.s.s of the world if the product isn't in the store already, retailers need to get it quickly, good for overnight shippers. >> they have all of the stuff in. that's a good point. ksu rang the bell the other day. they're instrumental in bringing goods from mexico. very interesting. >> look at those freight volume which is they report next. meantime, got to talk zynga taking a hit in the premarket. social gaming company changing its relationship with facebook. the new agreement essentially removes the special status that zynga enjoyed among game developers and also now allows facebook to develop its own games. it's been called an open marriage by "the new york
, welcome to "squawk on the street," tgif. i'm carl quintanilla, jim cramer, david faber is in california, jpmorgan, napa valley ceo summit. how many big stories do we have circulating? fiscal cliff concerns? you heard about jp penny concerns. right now, implied open, down 58 points. europe getting trouble, headlines out of greece, running low on cash again. ftse down 0.75. we'll bring in david from the west coast. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa valley. we are very close to silicon valley, so here at napa valley ceo technology summit we'll be joined throughout the day by a number of luminaries from the technology industry. i'll be talking to john donahoe, ceo of ebay. back to you. >> french laundry, that's the key tonight. french laundry. he's smiling like he's already been. meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and
. >> my parents were farm workers. i grew up migrating from california, nebraska, and washington state. i know what need is and what poverty is. they never took welfare. >> this is an interesting point. it does feel like the republican party on this question is made up of two different coalitions. one is often the sort of up from narrative of folks who came up from circumstances of poverty. then there is the mitt romney version of republicanism we saw on display this time which isn't an up from there. it's very much we have it and want to protect it narrative. >> well, look, i work for a school district in south texas. and we were dealing with a truancy case in one instance. it was a 12-year-old on her second pregnancy. they said because we have klee claims at a welfare bite. we are not in an ungenerous nation. $1 trillion we pay for 82 means tested welfare programs. >> if you have a 12-year-old who is in a circumstance of pregnancy, it is almost certain that she is not pregnant by a 12-year-old boy. it is almost certain that she is pregnant by someone who is basically in a situation of a
is standing outside a walmart in paramount, california. you were in the middle of the protests today. tell us what happened. >> reporter: this is a very large protest here, joe. there were at the height of this the l.a. county sheriff's department estimating about 1,000 protesters in or around this particular walmart. and this protest, it was loud, it was ruckus, it was the very opposite of what you might expect on a black friday shopping day here at a walmart. and that's the point. the employees who walked off the job joined by many supporters and labor say they want today make the point to management that they want to have a fair discussion about pay, about health care as well about the hours that they work. they chose black friday, a very potent day to make that point. here's what an employee as well as a shopper told us what they think. >> they say do this, do that. none of it works. this is the only way we can get our voice out there is speaking with the media, the public. >> just a matter that they have to, you know, do things right for the employees. >> doing things right for the emplo
in california this summer. and that, of course, is still being investigated. and so, you know who knows if charges are going to be brought. but i think we can all agree if you're committing a crime, like shoplifting, certainly you should pay the legal price, but should you pay the ultimate price with your life? i don't think so. >> and then depending on the charge, i guess to your point, we'll see whether or not walmart is held responsible. we'll check back. sunny hostin on the case, thank you very much. >>> to this it has a lot of you talking, we'll talk about what happened on stage. stones fans, anywhere, as the rolling stones celebrate 50 years in the music business. >>> plus, memphis finally unveiling its very first inductees for the city's music hall of fame. cue the music here. elvis made the list, of course. we're talking memphis. you might be surprised who else got the nod. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-cal
traffic this far in the holiday season. we think they're very well positioned in places like california where we're starting to see some signs of a macro recovery. the other important thing, nordstrom doesn't have the exposure to the tourist consumer some of the other luxury players have. >> reporter: however, with the european debt crisis looming and that fiscal cliff still unresolved, the robin report's robin lewis thinks many luxury buyers may be holding back this holiday season. >> i think that will cause some cautious spending in the last holiday season, in the last quarter. and if the resolve is made to increase the tax rates of the rich, it will definitely hit the pocketbooks. >> reporter: and there's no doorbusters for luxury players. they're banking on their price premiums and their quality to drive sales. later today, carl, i'll sit down with burberry ceo. we'll talk about all things luxe. >>> straight ahead, why the secret to housing reform might be reforming the fha itself. >>> a little bit laeter, how to play the retailers ahead of this holiday season. "squawk on the street
intelligence committee chairwoman, dianne feinstein, from california, said some things that give you a big hint about where this might be headed. have a listen. >> do you think you need to hear from petraeus? >> we may well. and we may well ask. i think that's up to the committee. i think we should have this first hearing, which is the way they wanted to set it up, and then the committee will make the decision. >> so, the man who will testify is mike more re, petraeus' deputy at cia, a longstanding, highly respected intelligence professional. certainly he has all the information. maybe a political question, does congress want to compel petraeus to come out in public after all of this, and tell what he knows? >> wouldn't it be more politically expedient to compel him instead of may well have him come and testify to put all these conspiracy theorists to bed? >> well, you know, politics always trumps, doesn't it? i think that it's an unprecedented situation. so if they want to subpoena him, that may well be more of a political decision. the democrats, of course, control that committee on the senat
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